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Something is becoming increasingly clear about Chainlink, the integrations are not slowing down. The protocol drops a fresh adoption update, and the numbers are worth paying attention to. Seven new integrations across six services and four different chains, all in one recent sweep. For a network already powering the majority of decentralized finance, this is … Read more
The Chainlink Reserve has continued aggressively expanding its LINK holdings after accumulating another 132,002.92 LINK valued at more than $1.1 million, pushing the reserve’s total holdings to approximately 3,911,079 LINK. The recent update had attracted fresh interest throughout crypto largely due to the fact that Chainlink’s reserve accumulation model is particularly different from those typical … Read more
Chainlink is continuing its mission to be the most widely integrated infrastructure in crypto, adding 10 new integrations exploring six different services across 14 blockchains. This latest wave of adoption showcases how both DeFi protocols and institutional actors are now increasingly dependent on Chainlink’s infrastructure to operate tokenized assets, data oracles, automation, and cross-chain. Chainlink … Read more
While Chainlink ($LINK) makes its way through the ups and downs of the cryptocurrency market, we have some fresh data that gives us a clearer look at the cost basis distribution of the LINK token. By examining the distribution of purchase prices held largely by long-term investors, two key price points seem to stand out … Read more
Having undergone a short retracement in the past few days, Link faced rejections two days ago and lost grip on the daily scale. It joined the latest market dip and registered an 8% loss in the past hours. The past three weeks saw Link through a bit of suspense in short-term bearish, but it appears … Read more
In a dramatic series of trades, a certain crypto trader who is quite prominent, and who is known for using high leverage, has notably and aggressively taken long positions in $LINK on various platforms and invested a total of over 12 million USDC in spot and futures positions. These trades reflect both a bullish outlook … Read more
Taking a little break after hitting a new multi-month low yesterday, Link saw a rejection and increased with a 5% gain today. While its structure remains bearish, it will likely resume drops soon. The last three months saw Link through a heavy drop, and the price reset to a low of $11.9 yesterday. This marked … Read more
LINK has registered a modest recovery from the recent malaise affecting the crypto market, but it remains in a precarious position. On Tuesday, LINK dipped to the $13.18 level but was able to bounce back quickly (and dramatically) to $15.25 as of press time. Chainlink and its price are now being discussed in broader market … Read more
In recent years, Chainlink’s $LINK token has seen some standout accumulation and distribution phases, particularly with its key holders. We can observe these phases by paying attention to who’s holding and who’s not in order to gauge the sentiment of traders and investors in the broader crypto market. While we’ve been in a bear market, … Read more
Over the last month, Chainlink’s (LINK) price has declined sharply—by almost 40%—leaving traders and investors to wonder if the asset has any chance of recovering in the near future. Or if it’s just going to keep on sinking. The recent downturn has raised concerns not just about Chainlink’s price, but also about its network activity—because, … Read more